Form D: Cng Midwest City $320000 Fundraising. Mark A Robertson Submitted Jul 11 D Form

Energy Cng Midwest City, Llc - Mark A Robertson

Cng Midwest City Financing

Cng Midwest City, Llc, Limited Liability Company just filed form D announcing $320,000 equity financing. This is a new filing. Cng Midwest City was able to sell $140,000 so far. That is 43.75% of the fundraising offer. The total private offering amount was $320,000. The offering form was filed on 2016-07-11. The reason for the financing was: unspecified. The fundraising still has about $180,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Cng Midwest City is based in Oklahoma. The firm’s business is Other Energy. The form was submitted by Mark A Robertson Manager. The company was incorporated in 2016. The filler’s address is: 121 N.E. 50Th Street, Oklahoma City, Ok, Oklahoma, 73105. Mark A. Robertson is the related person in the form and it has address: 9658 N. May Avenue, Suite 200, Oklahoma City, Ok, Oklahoma, 73120. Link to Cng Midwest City Filing: 000167850416000001.

Analysis of Cng Midwest City Offering

On average, startups in the Other Energy sector, sell 65.00% of the total offering amount. Cng Midwest City sold 43.75% of the offering. The fundraising is still open. The average fundraising size for companies in the Other Energy industry is $1.11 million. The offering was 87.35% smaller than the average of $1.11 million. Of course this should not be taken as negative. Businesses raise funds for different reasons and needs. The minimum investment for this fundraising was set at $20000. If you know more about the reasons for the fundraising, please comment below.

What is Form D? What It Is Used For

Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Cng Midwest City Also

The Form D signed by Mark A Robertson might help Cng Midwest City, Llc’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

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